Digital

Honcker Raises $3.6 Million, Expands to Eight States

October 19, 2017
• by Staff

BROOKLYN, N.Y. — Car leasing marketplace Honcker Inc. announced it has closed a seed financing round led by Evolution Corporate Advisors, with participation from Lead Edge Capital. Consumers can now lease cars utilizing the Honcker app for delivery in eight states from more than 200 dealers that are participating in its marketplace, according to the company.

“Consumers never need to visit a dealer again to lease a car. Honcker is disrupting the traditional leasing experience for customers while digitally extending the rooftops of its dealer partners,” said Gregg Smith, founding partner of Evolution Corporate Advisors.

Since launching on iOS and in the app store in 2016 with a focus on New York, Honcker is now delivering vehicles to consumers in eight states, with more on the way to fully leverage and utilize the company’s network of more than 200 dealer-partners, according to Nathan Hecht, the company’s founder and CEO.

“Honcker is revolutionizing the automotive industry by bringing the entire car leasing process online - from selection to pricing to closing - and providing a seamless lease execution process that can be completed by a consumer in just minutes from the convenience of their own home on their mobile device,” Hecht said. “This injection of capital from our new value-added partners will now allow us to truly step on the gas.”